Ann: Second Quarter Update Presentation , page-19

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  1. 2,649 Posts.
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    Hey mir

    Can see many errors in his posts, but can't be bothered anymore taking the time to post in response, got better things to do.

    Just a couple of quick points -

    - These wells are high liquid yield wells so the decline in gas prices are not detrimental to the economics of the wells, unlike the other shales/operators mentioned.

    - At current point in time we are in full field development at a frantic pace which is very capital intensive. In time (2013+) cash flow from production will far exceed development costs and AUT will be cash flow positive. Its really quite simple to me.
 
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Currently unlisted public company.

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